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Tuesday, November 5, 2024

Home prices increased in Greendale during the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Greendale rose by $15,000 while total sales increased by 9.4%, according to BlockShopper.com.

From January through June of 2018, there were 187 homes sold, with a median sale price of $210,000 - a 7.7% increase over the $195,000 median sale price for the same period of the previous year. There were 171 homes sold in Greendale in the first half of 2017.

The median sales tax in Greendale for the most recent year with available data, 2017, was $5,439, approximately 2.6% of the median home sale price for the first half of 2018.

The following table compares Greendale to other Milwaukee County cities with similar median sale prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Bayside82793.8%$319,550$281,00013.7%
Fox Point109128-14.8%$315,000$261,507.5020.5%
Hales Corners6992-25%$232,500$224,4753.6%
Franklin4254171.9%$230,800$229,9000.4%
Wauwatosa591617-4.2%$219,900$215,0002.3%
Greendale1871719.4%$210,000$195,0007.7%
Oak Creek300351-14.5%$206,800$199,4003.7%
Glendale223240-7.1%$181,900$175,0003.9%
Greenfield4544422.7%$152,025$155,350-2.1%
St. Francis129148-12.8%$147,000$134,4509.3%
South Milwaukee2432229.5%$145,000$136,7506%

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